SUBSCRIBER NOTE: Platts to launch London time Brent and WTI futures assessments

Platts is proposing to publish 16:30 London time outright price and time-spread assessments for ICE Brent crude futures and NYMEX WTI crude futures. The new suite of outright price assessments will cover 35 granular months, 11 quarters and three years forward from the date of publication for both futures' contracts. Platts will also publish time-spreads for all 35 granular months, 11 quarters and three years. Platts will maintain a rolling schedule in line with both the futures exchanges' expiration schedules. These assessments will build upon Platts' existing ICE Brent crude and NYMEX WTI crude futures assessments; Platts currently publishes ICE Brent crude futures four months out and NYMEX WTI crude futures two months out. For a full understanding of Platts forward curve assessments, please see Platts Forward Curve Methodology and Specifications Guide at www.platts.com. Please send any comments or questions by July 1 to europe_derivatives@platts.com. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.